Tag Archives: sihanoukville
- Cambodia casino tax take jumps as gov’t squeezes NagaCorp
March 14, 2017
Cambodia’s government reaped a bumper tax crop from its land-based casino industry in 2016, primarily by putting the squeeze on top operator NagaCorp. According to Cambodia’s Finance Ministry, the government’s share of Cambodia’s casino revenue came to $48m in 2016, over 38% higher than the $34.7m the state earned from...
- Cambodia’s gambling spike prompts renewed calls for crackdown
January 30, 2017
Cambodia may be facing the risk of losing its Vietnamese VIPs soon, but that’s not deterring authorities from enforcing its ban on locals gambling. Sihanoukville officials are asking casinos in the seaside province to start enforcing the laws, which they claimed have been “widely flouted” recently. According to the Phnom...
- In Cambodia, a casino’s house edge can be a knife blade
December 2, 2016
All casinos have a built-in house edge, but in Cambodia that edge can actually draw blood. On Wednesday, police in the Cambodian city of Sihanoukville arrested two Chinese employees of the Leu Phnom Casino for stabbing and robbing two other Chinese nationals. The Khmer Times quoted the local police chief...
- Cambodia casino tax take rises one-third
October 19, 2016
Cambodia’s casino industry contributed one-third more tax over the first nine months of 2016, but it still likely won’t be enough for opposition politicians. According to a finance ministry report issued on Tuesday, Cambodia had 69 licensed casinos as of September 30. Together, these casinos contributed $37.4m in taxes to...
- Malaysian firm to turn Sihanoukville into ‘Macau of Southeast Asia’
March 26, 2016
Cambodian government officials have given their approval to a Malaysian company’s plans to develop the “Macau of Southeast Asia” in the seaside town of Sihanoukville. On Friday, the Phnom Penh Post reported that Salient Ventures, a subsidiary of newly incorporated Malaysian firm SV International, had received investment approval on March...
- Jimei junket eyes resort in Cambodia’s Sihanoukville area
March 22, 2016
Jimei International Entertainment Group Ltd. is planning to develop a resort in Cambodia’s coastal town of Sihanoukville. Last week, the Macau junket operator announced that it has a framework agreement in place for a joint venture with other partners for an “entertainment resort complex.” Jimei’s partners for the said project...
CrownBet launches new TV ad, but won’t mention betting
September 26, 2016
Newest Cambodian casino was NOT built in Thailand nat’l park
March 21, 2017
New Cambodia border casino sparks trade war with Thailand
April 19, 2017
Indian cricket team banned from visiting casinos in Australia
January 18, 2016